Above Asking: Rising Rates Haven't Dampened Demand in Upper NW DC
✉️ Want to forward this article? Click here.
In this week's Above Asking, we take a look at the final sales prices for two homes in northwest DC that proved there is still a lot of competition out there despite rising interest rates.
A $140,000 Premium for a Cleveland Park Tudor
This semi-detached listing in Cleveland Park received multiple offers and ultimately sold for $140,000 above the original listing price. The living room has a white-painted brick fireplace, and built-in shelving units flank the archway into the dining room. The top floor offers a carpeted family room/office and leads out to a "sky porch" with cove-style glass canopy. The lower level has a separate entrance and offers a rec room, bedroom, full bath, kitchenette and office area. An L-shaped deck off the kitchen sits above a flagstone patio and steps run along the backyard to a one-car garage and parking pad.
- Full Listing: 3193 Porter Street NW (map)
- Asking Price: $1,795,000
- Sales Price: $1,935,000
- Bedrooms: Five
- Bathrooms: 3.5
- Square Feet: 3,222
- Year Built: 1928
- Listing Agents: Anne Weir, Andrea Hatfield, Washington Fine Properties
Photo courtesy of HomeVisit.
story continues below
loading...story continues above
$350,000 Over Asking in Chevy Chase
The competition was likely high for this five-bedroom home in Chevy Chase, which ultimately sold for $350,000 above the original asking price. A white picket fence and a covered front porch lead in to a living room with a gas fireplace between windows above built-in shelving units. The kitchen has a marble-topped breakfast bar island with matching countertops and matching backsplash between the stainless steel hood and the stove. The adjacent family room also has a gas fireplace, and in between, a door leads out to the deck. The lower level has a step down rec room, ample flex space, a wine cellar, and walks out to a covered patio and parking pad; there is also an interior garage/storage room.
- Full Listing: 5717 32nd Street NW (map)
- Asking Price: $1,895,000
- Sales Price: $2,248,000
- Bedrooms: Five
- Bathrooms: 4.5
- Square Feet: 3,308
- Year Built: 1927
- Listing Agent: Dan Hynes, Compass
See other articles related to: above asking, chevy chase dc, cleveland park
This article originally published at https://dc.urbanturf.com/articles/blog/above-asking-rising-rates-havent-dampened-demand-in-upper-nw-dc/19623.
Most Popular... This Week • Last 30 Days • Ever
The university and developer Greystar have filed plans with DC for the new Fusion Bui... read »
As the redevelopment of the Mazza Gallerie mall in Friendship Heights heads towards c... read »
One of the critical factors in determining whether refinancing is a wise decision is ... read »
The one-of-a-kind residence was built out of two expansive classrooms, an office, two... read »
Sentinel Real Estate filed a revised conceptual site plan application this week to re... read »
- A First Look At The Big Plans For Howard's Wonder Plaza
- Total Wine Coming To Friendship Heights
- What Is The Best Spread To Refinance Your Mortgage?
- 13 Foot Ceilings, 5,800 Square Feet in a Historic Schoolhouse: A Rare DC Loft Hits the Market
- 256-Unit Project Proposed to Replace Rosslyn Buildings Moves Forward
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro